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Tata Sons’ net debt burden at eight-year low as cash reserves swell | Company News

Business Standard

[ad_1] Tata Sons Private Limited, the holding company of the Tata group, witnessed a precipitous drop in its net debt to Rs 5,656 crore in the 10 months ended January this year, as its cash reserves burgeoned to Rs 9,516 crore during this period. Eight years ago, in 2015-16, Tata Sons reported a … Read more

Tata Motors to hike commercial vehicle prices by up to 2% from April 1 | Company News

Business Standard

[ad_1] The CV entity will likely generate substantial earnings and cash flow to comfortably service its debt obligations, ratings agency Moody’s said on Wednesday Indian automaker Tata Motors said on Thursday it will raise prices of its commercial vehicles by up to 2% from April 1 to offset the residual impact of past input … Read more